Cortec® is pleased to announce that its Cortec® Coated Products (CCP) division in Eau Claire, Wisconsin, has won the Wisconsin Recycling Excellence Award! CCP is one of 11 organizations that received the award this year from the Wisconsin DNR (Department of Natural Resources) in recognition of outstanding efforts to recycle and reduce waste. CCP’s award falls under the category of “Projects and Initiatives” that have led to the recycling of more material and/or better recycling cost-effectiveness.
In addition to sourcing most of its paper rolls from recycled content, CCP’s specialty is to apply a corrosion inhibiting coating that still allows the paper to be recycled after use. This is an important environmental benefit for manufacturers and distributors that use Cortec® VpCI® Paper to package and protect metal parts in a variety of industries.
more at: https://www.cortecvci.com/press-release-cortec-coated-products-wins-wisconsin-dnr-recycling-excellence-award/#:~:text=Cortec%C2%AE%20Coated%20Products%20Wins%20Wisconsin%20DNR%20Recycling%20Excellence%20Award,-December%207%2C%202023&text=Cortec%C2%AE%20is%20pleased%20to,the%20Wisconsin%20Recycling%20Excellence%20Award!
Related Posts
Silgan Holdings Inc. reported full year 2024 net sales of $5.9 billion and net income of $276.4 million, or $2.58 per diluted share, as compared to full year 2023 net sales of $6.0 billion and net income of $326.0 million, or $2.98 per diluted share. For the fourth quarter of 2024, Silgan reported net income of $45.1 million, or $0.42 per diluted share, as compared to $64.4 million, or $0.60 per diluted share, in the fourth quarter of 2023. "The Silgan team delivered another year of strong results, with record fourth quarter adjusted EPS and Adjusted EBIT and double digit free cash flow growth, and made significant progress on several important long-term strategic objectives that will benefit our Company in 2025 and beyond." said Adam Greenlee, President and CEO.
Novolex®, an industry leader in packaging choice, innovation and sustainability, announced it has entered into a definitive agreement to acquire the business of Flexo Converters USA, Inc. and certain of its affiliates. The transaction is expected to close within the next 60 days. Flexo is a manufacturer of stock, custom and recycled paper bags and sacks. It is headquartered and has a manufacturing facility in Meriden, Conn. and an additional plant in Monroe, Ga. Flexo’s eligible full-time employees are expected to join Novolex. Flexo products will be sold under the Novolex Duro® Bag brand. The addition of Flexo products to the Novolex portfolio will enable Duro to support customer demand through Flexo’s production capacity. Novolex has seen a significant increase in demand for paper bags as consumer purchasing patterns have shifted.
These increasing volumes of sold PCR products for the agri sector, show how well our circular solution for bale wrap has been received by the market. It is a solution for the future, and we can proudly say that we are leading the way together with our customers and partners. Trioworld can offer a premium Loop alternative for each product in the agricultural stretch portfolio, even the most efficient and high-performance products such as 19 µm and mantle films. Being able to achieve a constant and reliable premium quality, also in these demanding applications, is possible because we recycle the used bale wrap into new raw material in our own recycling sites and can therefor secure the quality throughout the whole process. In 2024, we also ramped up our in-house recycling capacity, which is the outcome of our significant investment at the Trioworld Reviva site in Korsberga, Sweden. Our efforts in driving the transition to a circular solution within bale wrap has also just been acknowledged at this year’s Recycling Gala, hosted on November 28th in Stockholm, Sweden, where we were able to claim first place in the category "Circular Initiative of the Year".